Interview

Sound Shore: Redefining Value, so Even Google Makes the Cut

How Sound Shore Management has done well, even in sharp market corrections.

Sound Shore Management has long provided a haven for its clients and the $6.5 billion it manages for them through its Sound Shore mutual fund (ticker: SSHFX), as well as in separate accounts used by institutions and private wealth advisors. Since 1978, Sound Shore's team has navigated nimbly through four bear markets of 25% declines or more and 12 corrections in which the market has dropped by at least 10%. The Greenwich, Conn., outfit's focused and value-oriented approach to investing most often leads to clear outperformance, as it has this year and for the past 3, 10, 15, 20, and 25 years. Five-year numbers, which...